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AoM 2021 Panel Symposium - State Capitalism, Crises, and Firms

  • 1.  AoM 2021 Panel Symposium - State Capitalism, Crises, and Firms

    Posted 07-27-2021 09:08
    Panel Symposium at the Academy of Management 2021 meeting
    State Capitalism, Crises, and Firms: Past, Present, and Future
    Synchronous Live-Open Symposium (no pre-registration required)
    12:00 – 13:30 Eastern (New York) time on Friday, July 30th (session 124)

     

    Panelists:

    Alvaro Cuervo-Cazurra (Northeastern University, USA)

    Anna Grosman (Loughborough University London, UK)

    Aldo Musacchio (Brandeis University, USA)

    Gerhard Schnyder (Loughborough University London, UK)

    Pei Sun (University of Manchester, UK)

    Geoffrey Wood (Western University, Canada)

    Organizer:

    Ilya Okhmatovskiy (Nova SBE, U. Nova de Lisboa, Portugal)

     

    State Capitalism, Crises, and Firms: Past, Present, and Future

    Crisis situations, which may range from natural disasters to military conflicts, from stock market crashes to life-threatening diseases, frequently trigger state interventions that can be described as using tools of state capitalism. State control over firms in crisis situations deserves a separate analysis because what has been written about the costs and benefits of state control under "normal" conditions does not necessarily apply when we consider state control over firms in crisis situations. In particular, it is important to explore to what extent the existing theories about the implications of state control are applicable in crisis situations. Recent studies have explored how state ownership of firms is associated with their corporate governance, social responsibility, internationalization, non-market strategies, etc. In this symposium, we will discuss how governance, strategies, and stakeholder relationships of state-controlled firms have been affected by crisis situations in the past and what lessons can be derived from these experiences for the future.

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    Ilya Okhmatovskiy
    NOVA School of Business and Economics
    Universidade Nova de Lisboa, Portugal
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